Ronald J. Naples - Jan 4, 2023 Form 4 Insider Report for PENN Entertainment, Inc. (PENN)

Role
Director
Signature
/s/ Harper Ko, Attorney- In-Fact for Ronald J. Naples
Stock symbol
PENN
Transactions as of
Jan 4, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 03:52 PM
Previous filing
Jan 5, 2022
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PENN Common Stock Award $0 +2.22K +12.09% $0.00 20.6K Jan 4, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PENN Phantom Stock Units Award +8.54K 8.54K Jan 4, 2023 Common Stock 8.54K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported are shares of restricted stock that vest on January 4, 2024. The reporting person elected to receive payment of fees for 2023 Board service in shares of restricted stock.
F2 The reporting person will receive a cash payment for each phantom stock unit equal to the fair market value on the vesting date of one share of the Company's common stock. The reporting person elected to receive the 2023 annual equity award for directors in phantom stock units.